Meeting cost visualizer

As if someone had read my previous post “What if you could see staff costs when booking a meeting?“, there is now an iOS app to measure and visualize the cost of a meeting.

Meeting cost visualizer is an ultra-simple and purposeful app which does just what you expect.

  1. Enter the average hourly cost per meeting participant.
  2. Enter the number of participants.
  3. Click Start.
  4. Watch and create awareness.

Remember to start it the minute the meeting is scheduled to begin. Then check out the money down the drain, by the time everyone has arrived, sat down and the technology is up and running.

As the careful reader will notice, you might wonder if I was inspired by the app, rather than the other way around, since it was released months before my previous post was published. Don’t tell anyone.

Fit Forever by Dolph Lundgren – Review

Fit Forever is the fitness book (for lack of a better term) by action star Dolph Lundgren.

The book is both a training manual and a biography, where the open and self-disclosing stories of his life serve as both a relevant background as well as a motivation to the workout routines.

As far as the physical part goes, it’s pretty much what can be expected. Some general personal advice and examples, some workout programs and some nutritional tips.

What sets the book apart from many others like it, is that it doesn’t assume that the reader will be able to rearrange his life to completely and live by the book’s gospel. It rather tells of how to keep the best routine you can while dealing with all the distractions and intrusions of a busy life.

So my favorite part of the book is the No Excuses workout program. It’s a short intense workout that requires no training tools, and is designed to be performed when you don’t have time to go to the gym. 15 exercises for the whole body in 15 minutes including warm-up. According to Dolph these aren’t just a bunch of standard exercises for the whole body, but an ultimate combo that he has experimented with and worked hard to perfect over many years to get maximum results.

I perform the No Excuses workout several times a week, usually at 6.30 in the morning while my 11-month-old son sits next to me on the floor raking though his toys, enjoying a fresh diaper.

At the time of this writing the book is only available in Swedish, but an international edition is expected in 2012.

Simple calculation of what your time is worth

Most people don’t seem to value their time in money, which is weird since having a job means trading time for money.

The monetary value of your time is pretty easy to calculate.

( monthly income after taxes) /  (average work hours per month) = your value of an hour

You simply divide your monthly income after taxes by your average work hours per month, which gives you how much you bring in per worked hour.

That is the price at which you sell your average hour. So, you should buy your hours at the same or preferably a lower price.

Some example calculations at $20/hour:

  • Paying $100 extra on an airplane ticket that means a 7 hours shorter flight – $40 gain.
  • Paying $20 for a cab ride when the walk is 30 minutes – $10 loss. (If the circumstances make the cab ride a safer option is a factor not taken into account here.)
  • Saving $800 on a cheaper computer that means 100 hours of extra maintenance, slower work, lost work etc. over time – $1200 loss.

Pretty simple, right?

Bear in mind though that this calculation is for assessing time that is lost or gained. Quality of life and time is an entirely different matter, for which I have no formulas.

Ten great quotes from Rework

Here are ten great quotes, in no particular order,  from one of my favorite books Rework by Jason Fried and David Heinemeier Hansson. I recommend it to anyone who works with anything.

I was aiming for a Top ten quotes but it was simply too hard to determine, so I settled for ten great ones.

  • “When you make tiny decisions, you can’t make big mistakes.”
  • “You ‘re not going to out-Apple Apple.”
  • “Big companies are obsessed with secrecy.”
  • “Meet at the site of the problem instead of a conference room.”
  • “Don’t be afraid to show your flaws. Imperfections are real and people respond to real.”
  • “No wonder so much business writing winds up dry, wordy and dripping with nonsense. People are just continuing the bad habits they picked up in school.”
  • “There’s a ton of untapped potential trapped under lame policies, poor direction and stifling bureaucracies. Cut the crap and you’ll find that people are waiting to do great work. They just need to be given the chance.”
  • “When everything needs approval, you create a culture of nonthinkers. You create a boss-vs-worker relationship that screams ‘I don’t trust you.'”
  • “Don’t create a policy because on person did something wrong once. Policies are only meant for situations that come up over and over again.”
  • “Don’t talk about “monetization” and being “transparent”; talk about making money and being honest. Don’t use seven words when four will do.”

Order Rework wherever you usually buy books, they’ll probably have it.